UK January CBI trends total orders -17 vs -8 expected

  • Latest data released by UK CBI - 24 January 2023
  • Prior -6

The good news is that cost pressures are growing at the slowest in nearly two years for UK factories, but order books continue to be weak. The quarterly business optimism reading also improved to -5 from -48 previously, so that's a positive but output volumes and new orders remain subdued.

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